Sedgwick Claims Management Services, Inc. has acquired Absentys, LLC., a Chattanooga-based software application developer and service provider. Absentys’ LeaveLink and ADALink software platforms will benefit Sedgwick’s claims services within the framework of the Family and Medical Leave Act, state-specific leave laws, the Americans with Disabilities Act and the ADA Amendment Act of 2008.
Absentys builds technology platforms designed to help employers ensure compliance with federal and state leave and accommodation regulations. Its proprietary, web-based LeaveLink® and ADALink® software solutions help companies navigate the framework of the Family and Medical Leave Act (FMLA), state-specific leave laws, the Americans with Disabilities Act (ADA) and the ADA Amendments Act of 2008 (ADAAA). The press release notes that Absentys’s state-of-the-art software solutions are easily configured to meet each employer’s unique needs and allow for self-administration or co-sourcing of leaves of absences and accommodation requests. The company’s software platforms currently administer leaves of absence and accommodation requests for more than 500 organizations and 3 million workers.
“Combining Absentys’ powerful software solutions with Sedgwick’s current capabilities allows us to not only bring our industry-leading expertise to organizations seeking to self-administer their employee absence and accommodation programs but also to augment our technology-enabled claims and productivity service offerings for large employers,” said David North, Sedgwick president and CEO.
In October, Sedgwick Claims Management Services, Inc. made another significant acquisition, of T and H Global Holdings. According to a release, this acquisition includes membership in the global vrs Adjusters’ organization, which is one of the top organizations in corporate and complex loss adjustment and claims management worldwide. Sedgwick’s move will expand the company’s international footprint beyond North America. T and H subsidiaries have a presence in all 50 states and the U.K. It includes VeriClaim Inc.; VRS VeriClaim U.K Ltd; Unified Investigations and Sciences, Inc.; Cramer, Johnson, Wiggins and Associates, Inc.; and Ellis May Chartered Loss Adjusters.
In 2010, Sedgwick was acquired by Affiliates of Stone Point Capital LLC and Hellman and Friedman LLC.